India Assets: Sensex and Nifty Down

India’s stock plummets the most in more than a month on Monday as the country extends nationwide lock and effects of the latest US-China tension over the coronavirus pandemic.

S&P BSE Sensex is down 5.33% to 31,914.53, as of 1:51 p.m. in Mumbai — the biggest drop since March 23. The NSE Nifty 50 Index also dropped by 527.50 points or negative 5.35% to 9,533.50. Both stocks reported their biggest monthly gains since 2009 in April and have rebounded nearly 30% from lows touched a month earlier.